Athens News Agency: News in English, 10-08-19

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] The breathtaking 'Porto Katsiki' beach on Lefkada

[02] Unemployment figures

[03] ASE opening: Decline

[04] Athens Newspaper Headlines

[01] The breathtaking 'Porto Katsiki' beach on Lefkada

Nidri is set in a sheltered location with views across to the small islands of Skorpios (owned by the Onassis family) and Meganissi, as well as the Greek mainland.

Some 20 kilometers south of Nidri is the resort of Vasiliki, which features a windsurfing center.

The renowned beach of Porto Katsiki, one of the most famous beaches in Greece and Europe in general, is located on Lefkada's west coast. It was named Porto Katsiki (meaning Port of the Goat) because once only a goat could reach the area.

A much-photographed beach, Porto Katsiki lies at the botton of an arc of pale cliff that appears to have the clean lines of something designed by an architect rather than a natural landscape. It rises out of the water like a wedge, narrow at the center of the bay where there are only a few stairs to the sand, and then towering upwards at either end. As well as the white lines of the cliffs, the water is bright, bright blue and the cliffs have grassy topped fringes.

The unique view of the white cliff over the beach combined with the surrounding green of the area and the cyan water of the sea make this beach a "must visit" place for tourists. It is consistently rated Top European Beach of the Year.

[02] Unemployment figures

According to OAED, subsidised unemployed people reached 184,709 and are 4.09 percent (7,266 people) more compared to June 2010.

Hiring amounted to 92,996 and are 20.91 percent lower when compared to the previous month. Dismissals (termination of contracts of an unlimited period) totalled 27,003, expiration of work contracts of a specific period reached 35,517 and voluntary resignations 29,417.

[03] ASE opening: Decline

The biggest gains were in Insurance up 1.54 percent; and Chemicals, up 0.44 percent.

The biggest losses were in Commerce, down 1.56 percent; and Financial Services, down 1.33 percent.

The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.32 percent, the FTSE/ASE MID 40 index was down 0.52 percent, and the FTSE/ASE-80 small cap index was down 0.03 percent.

Of the stocks traded, 19 were up, 41 were down, and 12 were unchanged.

[04] Athens Newspaper Headlines

Liquidity shortages in market, consumer reactions to price hikes for flour, new unemployment figures and the latest batch of government measures aimed at curbing the widespread problem of tax evasion mostly dominated the headlines on Thursday in Athens ' newspapers.

ADESMEFTOS TYPOS: "Nine out of 10 enterprises out of money".

APOGEVMATINI: "Death of the merchant".

AVGHI: "Tourism, the last fortress falls".

AVRIANI: "Markets in state of bankruptcy"

ELEFTHEROS: "30 social security funds at razor's edge".

ELEFTHEROS TYPOS: "Triple SOS for enterprises, tourism and unemployment -Serious worsening in economy".

ELEFTHEROTYPIA: "Tax evasion orgy, but will state receive the money?

ESTIA: "PM George Papandreou's visit to Israel a substantial overture in foreign relations".

ETHNOS: "Enterprises have run out of cash".

IMERISSIA: "Unemployment to reach 16 percent in autumn".

KATHIMERINI: "11.9 percent fall in revenues from tourism in first half of 2010".

TA NEA: "Express trial for tax evaders".

NAFTEMPORIKI: "Greek tourism revenues plunging".

NIKI: "Citizens withdrew savings from banks - 30 billion euros 'vanishes' from Greek banks.

RIZOSPASTIS: "Struggle against attack on people's nutrition".

TO VIMA: "Products of multinational companies sold higher in Greece in comparison to other European countries".

VRADYNI: "Market dried out".

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